Tag Archives: mongolia
- Mongolia revives casino plans; Sochi gets first casino operator
November 11, 2016
Mongolia is taking another stab at launching its own casino market, despite a two-decade history of failed attempts. This week, Russia’s UlanMedia reported that Mongolia’s government was reviving legislation that would authorize a casino and racetrack near the country’s border with Buryatia, a federal subject of Russia. There are also...
- Frontier Capital drops lottery venture in Mongolia
February 23, 2016
Australian firm Frontier Capital Group Ltd. has dropped its lottery and possibly casino venture in Mongolia. Frontier, in a filing to the Australian Securities Exchange on Tuesday, announced that it has terminated an agreement to operate the Mongolian National Lottery (MNL). Frontier said it had received a notice from the...
- Johnny Chan to Chair Frontier Capital Group in Mongolian National Lottery Bid
May 6, 2015
10-time World Series of Poker bracelet winner, Johnny Chan, will chair Frontier Capital Group as they attempt to acquire the Mongolian National Lottery. 10-time World Series of Poker (WSOP) bracelet winner, Johnny Chan, has been appointed as Director, and Chairman, of Frontier Capital Group Ltd. Chan has been appointed to...
- Mongolia casinos to target Chinese, Russian and Japanese gamblers
February 18, 2015
Mongolia is set to become the latest Asian jurisdiction to hop on the casino bandwagon as the country attempts to diversify its economy. On Feb. 12, Mongolia’s Cabinet Secretariat approved draft legislation that would authorize the construction of two casino projects targeting Chinese high-rollers. The Mongolian Ministry of Finance told...
- Mongolia proposing to legalize horse racing
April 29, 2014
Mongolia's historic association with horses should have been enough reason for it to boast its own professional horse-racing league, but no. Now the country's government is planning on setting one up as the first step in eventually legalizing race betting. According to Bloomberg, the government is looking to approach the...